TOECAN
ActiveSummary
The annual accounts of TOECAN for financial year 2025 show a net loss of 239% of the equity at the start of that year. The 2025 annual accounts show equity of €275,948 and a net result of -€335,645. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 39,200 sector peers (NACE 70, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- TOECAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Elk aandeel geeft recht op één stem en geeft recht op een gelijk aandeel in de winst of het vereffeningssaldo.” 2/De algemene vergadering…”deed of 30-01-2026
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in Dutch)“Onbezoldigd tenzij algemene vergadering bij benoeming anders beslist” (deed in Dutch)1 more provision on this in the deeddeed of 22-07-2024
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deeddeed of 22-07-2024
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Volledig gelijk aan de thans bestaande aandelen, pro rata temporis et liberationis van het lopend boekjaar” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, met inachtneming vereisten statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Van rechtswege als vereffenaars ten aanzien van derden, als geen vereffenaars benoemd of aangewezen zijn” (deed in Dutch)1 more provision on this in the deed